?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.

1.5%

Fund size

£16m (£50m last year)

FE Risk score

?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.

?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.

4.98

Beta

?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.

0.9

Sharpe

?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.

0.24

Volatility

?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.

20.31

Tracking error

?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.

9.15

Information ratio

?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.

0.47

R-Squared

?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.

0.8

Price movement

52 week high13.57

52 week low8.49

Current bid price-

Current offer price-

Current mid price12.63

Region

1

Hong Kong & China

97.4%

2

Money Market

2.7%

Industry sector

1

Financials

37.7%

2

Information Technology

20.3%

3

Consumer Discretionary

12%

4

Industrials

6.7%

5

Telecommunications Utilities

6.2%

6

Energy

5.8%

7

Health Care

4.1%

8

Materials

2.8%

9

Money Market

2.7%

Asset type

1

Asia Pacific Equities

97.4%

2

Money Market

2.7%

Individual holdings

1

TENCENT HLDGS LTD

0.1%

2

ALIBABA GROUP HLDG LTD

0.08%

3

PING AN INSURANCE(GR)CO OF CHINA

0.06%

4

CHINA CONSTRUCTION BANK

0.05%

5

CHINA LIFE INSURANCE CO

0.05%

6

INDUSTRIAL & COM BK CHNA

0.04%

7

NETEASE INC

0.04%

8

CHINA MERCHANTS BANK CO LTD

0.03%

9

CHINA STATE CONSTRUCTION INTL HLDG

0.03%

Management

Fund manager group

Matthews Asia

Fund manager company

Matthews Asia

Fund type

Offshore Fund

Fund objective

Long-term capital appreciation.

Benchmark

MSCI China

Investment style

Growth

Investment method

Shares

Fund managers

Name

Since

Biography

Andrew Mattock

31/03/2015

Andrew Mattock is a Portfolio Manager at Matthews Asia and manages the firm'¢s China Strategy. Prior to joining the firm in 2015, he was a Fund Manager at Henderson Global Investors for 15 years, first in London and then in Singapore, managing Asia Pacific equities. Andrew holds a Bachelor of Business in Accounting from ACU. He began his career at PricewaterhouseCoopers and is qualified as a Chartered Accountant. Andrew has been a Portfolio Manager of the Matthews China Fund since 2015.

Henry Zhang

29/04/2010

Henry Zhang is a Portfolio Manager at Matthews Asia and co-manages the firm’s China Strategy. Prior to joining Matthews Asia in 2007 as a Research Analyst, Henry served as an Application Consultant and Project Manager at Gifford Fong Associates for five years. Before moving to the United States, Henry worked for more than four years at Huaneng Power International, Inc., a NYSE-listed corporation, in China. Henry received a Master’s in Financial Engineering from the University of California, Berkeley and a B.S. in Finance from San Francisco State University. He is fluent in Mandarin.

Winnie Chwang

31/03/2014

Winnie Chwang is a Portfolio Manager at Matthews Asia and co-manages the firm’s China and Asia ESG Strategies. She joined the firm in 2004 and has built her investment career at the firm. Winnie earned an M.B.A. from the Haas School of Business and received her B.A. in Economics with a minor in Business Administration from the University of California, Berkeley. She is fluent in Mandarin and conversational in Cantonese.

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.

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